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Presentation to: 2009 Africa Business Conference Mr. Russell Held Deputy Executive Directory, Development Virginia Port Authority June 18, 2009
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The Port of Virginia
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The Hampton Roads Harbor NIT NNMT Future CIMT PMT APM Terminals
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Pulp & Paper Steel Ro/Ro Rubber Lumber Newport News Marine Terminals: Top of the Line in Breakbulk Cargo Over 600,000 tons of breakbulk and project cargo are handled annually. Almost 200,000 square feet of enclosed warehouse space Ro/Ro berths with extra wide aprons provide easy access and maneuvering room. On-dock rail enables fast turnaround
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Port Capacity and Productivity is Often Measured in TEUs TEU Stands for “Twenty Foot Equivalent Unit” Original Containers Were 20’ Long Today, Most Cargo is Moved in 40’ Containers 20’ One 20’ container = 1 TEU 40’ One 40’ container = 2 TEU Container Dimensions 53’ Typical over the road truck
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Containers are used to Ship a Large Variety of Consumer Goods –Electronics –Textiles –Toys –Beverages –Food –Cigarettes –Raw Materials –Almost Anything Can Be Shipped in a Container What’s In The Box?
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One 40 ft. Container == $52,920@ 1,890 Cases $28.00/Case = 432,000 Packs @$5.50/Pack = $2,376,000 = 10,000 Pairs @ = $39/pair$390,000 = 315 20” TVs @ = $130/TV$40,185
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Source: Terminal Operator CY2008 The nearly 2.1 Million TEUs moving over the Port of Virginia in 2008 were transported by: Intermodal Gateway Barges5% Rail31% Trucks64%
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James River Barge Service Commenced December 2008 Weekly service between the Norfolk & Portsmouth Terminals and Richmond, VA 120 TEU capacity Each container moved via the Barge reduces fuel consumption by 31 gallons
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The Heartland Corridor New route will be Double-Stack and will eliminate more than 230 miles Expected to be Complete in 2 nd Qtr 2010
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CSX National Gateway CSXT double stack routes Other CSXT routes Connects Norfolk to the Midwest and beyond Expedites traffic through Chicago and St. Louis gateways NW Ohio Transfer Yard enables CSX service to new major markets
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International Container is Loaded Onto a Truck International Container Arrives at The Port via Ship Container Arrives at Distribution Center via Truck What is a Distribution Center?
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Goods Repacked Into Domestic Container International Container Unpacked at Distribution Center Domestic Container Arrives at Market What is a Distribution Center?
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Selected Distribution Centers
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Port of Virginia Far East to East Coast Transit Routes China
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Virginia Morocco Suez Services Feeder Services from the Med and North Europe Emerging Markets of Western Africa
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Memorandum of Understanding April 2008 - Virginia Port Authority signs MoU with the Tangiers Mediterranean Special Agency signifying a cooperative efforts to build trade between the two ports
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Key Components of the MoU –Data interchange –Technological interchange –Modernization and improvements –Joint marketing activities –Market studies –Training
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Recent Announcement CMA CGM’s PEX3 service will provide a direct link between the Port of Virginia and Morocco The revised PEX3 service will provide the Port of Virginia with the fastest U.S. East Coast transit time of 7 days to Morocco’s Tangier-Med Port. Effective on June 13, 2009. The revised PEX3 service will be operated by nine 5,000-TEU vessels.
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Presentation to: 2009 Africa Business Conference Mr. Stuart C. Stone, CHB Director, Norfolk Exports Hipage June 18, 2009
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“Oh my gosh, they accepted my quote!” SAMPLE SHIPMENTS –Air Freight –LCL –Containerized –Break bulk –RoRo –LoLo PAYMENT –Prepayment –Partial Prepayment –Open Account –CAD –L/C INSURANCE
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PIRACYBOOKING –Physical Information –Pre-shipment Inspection –Weight Limits –Flatrack Containers –Open Top Containers DOCUMENTATION –IMO –Commerce License –State Department License “Oh my gosh, they accepted my quote!”
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Thank You!
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